Thursday, April 18, 2024 | The Latest Buzz for the Appraisal Industry

HECM Volume Up 37.5% in 2020

Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of the 10 regions tracked by RMI recorded strong growth during December, led by New England’s …

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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